The Fort Worth Boat Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 750275000 ✦ Fort worth, TX ✦ Designated as a 501(c)(7)

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Overview

What is The Fort Worth Boat Club?

The Fort Worth Boat Club, situated at 10000 Boat Club Road, Fort Worth, Texas 76179, is a nonprofit organization that offers docking facilities and various amenities for its members. Its primary objective is to provide a boat club that caters to the needs and enjoyment of its members. With a team of 28 dedicated individuals, the club aims to foster a community for boat enthusiasts, offering them a platform to engage in boating activities.


Official website here: www.fwbc.com

Is The Fort Worth Boat Club legitimate?

The Fort Worth Boat Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Fort Worth Boat Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $463,454

For more financial information, click here


Official website here: www.fwbc.com

What is the mission statement of The Fort Worth Boat Club?

The Fort Worth Boat Club's mission is centered around serving its members. It exists primarily to offer a boat club experience, providing its members with docking facilities and various amenities for their enjoyment. The club's purpose is to cater to its members' boating needs and enhance their boating experiences. It is dedicated to ensuring that its members can fully enjoy the benefits of boat club membership.


Official website here: www.fwbc.com

Who is the CEO of The Fort Worth Boat Club?

Edwin Smith is the Governor of The Fort Worth Boat Club.


Official website here: www.fwbc.com

What is the revenue of The Fort Worth Boat Club?

The Fort Worth Boat Club's revenue in 2022 was $2,442,242.


Official website here: www.fwbc.com

Who are the executives of The Fort Worth Boat Club and what are their salaries?

The average compensation at The Fort Worth Boat Club during 2022 was $16,552. There are 28 employees at The Fort Worth Boat Club.


Here are 10 key members and their salaries:


Michael Bornitz (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Nilsson (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Talton (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Mark Smith (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hardesty (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Winfrey (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Karov (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha White (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Williamson (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mitchell (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fwbc.com

Where can I find the form 990 for The Fort Worth Boat Club?

The Fort Worth Boat Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fwbc.com

Learn more at the official website: www.fwbc.com

Mission Statement of The Fort Worth Boat Club

The Fort Worth Boat Club is committed to serving its members by offering a boat club. This nonprofit organization exists with the primary goal of providing a platform for its members to enjoy boating activities. By offering docking facilities and various amenities, The Fort Worth Boat Club aims to enhance the boating experience for its members.

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Impact




October, 2024

The Fort Worth Boat Club plays a significant role in enhancing the recreational opportunities for its members by offering comprehensive docking facilities and various amenities. This impact extends beyond mere boat storage, fostering a community where members can connect and engage in water sports and activities. By creating a welcoming environment for boating enthusiasts, the club encourages camaraderie and a shared passion for water-based recreation. Its mission centers around the enjoyment and benefit of members, ultimately enriching the local culture of Fort Worth, Texas, and promoting a lifestyle centered around outdoor and water activities.




This information is meant to be a general summary of The Fort Worth Boat Club. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,442,242 (2022)
Expenses
$2,076,292 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7
  • Program Service Revenue: $1,076,250
  • Gross Receipts: $3,393,914

Assets and Liabilities:

  • Total Assets: $8,505,563
  • Total Liabilities: $5,425,319
  • Net Assets: $3,080,244

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,012,535

SEWAGE DISPOSAL

Revenue

$17,994

CAPITAL ASSESSMENT

Revenue

$45,721

Organization Details

Founding Year

1932

Principal Officer

Edwin Smith

Main Address

10000 Boat Club Road, Fort Worth, TX, 76179

NTEE Category

Code: N50 - Recreation

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